Is 95032, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 95032 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 95032 has remained a Seller's Market.

Key Takeaway

95032 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 95032, CA

How much do homes in 95032, CA cost?

Median Sold Price

$2,500,000

$1,206/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$313,333(+14.3%)

Key Takeaway

Homes in 95032 have sold for 14.3% more than they did a year ago.

Summary: The median home sold price in 95032 was $2,500,000 in October 2024, up 14.3% from last year, and the median price per square foot was $1,206.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $562.5K$534.5K
-5.0%
2 $995K$1.2M
+29.4%
3 $1.9M$1.9M
+4.2%
4 $2.7M$3.2M
+15.5%
5+ $3.5M$3.6M
+2.7%

Summary: 95032 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 5%, 2 bedroom homes increased by 29.4%, 3 bedroom homes increased by 4.2%, 4 bedroom homes increased by 15.5%, and 5+ bedroom homes increased by 2.7%.

Median Sold Price Compared To Nearby Zip Codes

95030
+16.8%
95032
+14.3%
95124
+12.2%
95008
+9.8%
95120
+7.4%

Housing Supply in 95032, CA

How many homes are available in 95032, CA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
7181+14.1%

Summary: The 95032 real estate market had 81 homes for sale in October 2024, a 14.1% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 26
+200.0%
2 1011
+10.0%
3 2024
+20.0%
4 2420
-16.7%
5+ 1520
+33.3%

Summary: The 95032 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 200%, 2 bedroom homes increased by 10%, 3 bedroom homes increased by 20%, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes increased by 33.3%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
2426+8.3%

Asking Price vs. Sold Price

9 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

15 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 95032, you could pay more than the asking price. 60% of homes here sold above asking price last month.

Summary: A total of 26 homes were sold or pending in 95032 in October 2024, up by 8.3% month-over-month. Of the 25 sold homes, 36% were sold under asking, 4% were sold at asking, and 60% were sold over asking.

Days on Market for 95032, CA

How long does it take to sell a home in 95032, CA?

Average Sale Time

Oct 2023Oct 2024CHANGE
22 Days26 Days+16.4%

Summary: Homes in 95032 had an average of 26 days on market in Oct 2024, up by 16.4% compared to last year.

Breakdown of Home Sale Times

19 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 95032 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 26 homes were sold in 95032; 73% of homes were sold within 30 days, 19% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 14 Days Ago

Newest Listings in 95032, CA

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